Allowed
M/S.Mallikarjuna Rice Industries v. the Income Tax Officer
Telangana HCITTA/82/2006
Case brief
AI extract
What is this about?
The Telangana High Court, in an Income Tax Appellate Tribunal appeal, admitted the appeal but declined to frame substantial questions of law. Following a precedent decided later that same day, the court allowed the appeal in favour of the assessee against the revenue, dismissing a further appeal.
What did the court decide?
The appeal was allowed; the order of the Tribunal was set aside. No costs awarded.